More progress: Minto Yorkville deep retrofit challenge
In December 2022, our Minto Yorkville property was accepted into the City of Toronto’s Deep Retrofit Challenge....
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Reporting
CURRENT REPORTING
OTHER IMPORTANT RESOURCES
- Our Materiality Matrix (how we prioritize ESG topics)
- Profiles of our Executive Team and Board of Trustees
- Employees and our team (more on our employee demographics)
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Our commitment
Our mission to build better places to live means we must recognize the impact we have on the environment and on people. As conscientious leaders, we take full responsibility for our actions, and are deeply committed to building a business that always pushes itself to do better.
As a resource-intensive industry, we know that every action we take impacts the environment. By minimizing waste, reducing water and energy consumption, lowering carbon emissions, and investing in renewable energy and innovation, we act as responsible stewards of the environment - working hard to meet the highest possible standards.
As an employer, homebuilder, and landlord, we understand the deep responsibility we have to the people whose lives we touch. We start with prioritizing and investing in the needs of our employees and communities and then work on building safe and vibrant places for them to live and work.
Safeguarding the future of our business is in our DNA. By investing in effective governance, ethical practices, and infrastructure, we ensure that our business remains strong and resilient.
2023 Accomplishment Highlights
Governance
Recognition
In the 2023 GRESB Public Disclosure evaluation, the REIT earned Disclosure Level A with a score of 96. In the GRESB Real Estate Assessment, the REIT scored 78, earning a Green Star designation and 3-star rating.
Commitment
Our 4th ESG Impact Report, highlighting our efforts over the past year and those leading up to it.
Diversity
Our 2nd annual DEI Survey scored 76% (measuring comprehensive DEI and engagement), 9.4% above the industry average.
Environment
Engaged Employees
Engagement scores were 4.14 mean out of 5, scoring higher than 53% of participating business. Our Net Promoter Score (2023 DEI Survey) was 46.2 where above 20 is good and above 50 is excellent.
Mentorship
Introduced Mentorship @ Minto to foster growth and belonging: 12 mentors and 13 mentees joined in the first month.
Culture
Through our BRAVO! recognition program, employees received 3,532 nominations, fostering a strong company culture.
Community
Energy
We have reduced rental property energy consumption by 17% since 2019.
Carbon
We have cut rental property carbon emissions by 16% since 2019, making strong progress towards meeting our net zero carbon goals.
Improvements
We invested $7.4M in environmental improvements across our properties over the last 5 years.